Home » Mauritian firm buys Edgars

Mauritian firm buys Edgars

0 comments

STRUGGLING South African retail group Edcon says it has sold its shareholding in Edgars Stores in Zimbabwe (Edgars) to service some of its debts. The firm, which held a 41 percent stake in Edgars, recently concluded a deal with lenders, South African landlords and the Public Investment Corporation as part of a restructuring plan to…

Subscribe to read full article. Subscribe today

Related Posts

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More